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kotak mahindra life insurance- Company Profile

kotak mahindra life insurance- Company Profile

About Kotak Mahindra Old Mutual Life Insurance Ltd

Kotak Mahindra Life Insurance Ltd is a 74:26 joint venture between Kotak Mahindra Bank Ltd., its affiliates, and Old Mutual.


About Kotak Mahindra Group

Kotak Mahindra is one of India’s lending , banking and financial services organizations, offering a larger range of financial services that suits every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. For more information, please visit the company’s website at http://www.kotak.com


Old Mutual

Old Mutual is an international long-term savings, protection and investment group. Founded and started in South Africa during 1845, the Group provides life assurance, asset management, banking and general insurance across many countriess in Europe, the Americas, Africa and Asia. Old Mutual is listed on the London Stock Exchange and the JSE, among others. For further information on Old Mutual plc, please visit the corporate website www.oldmutual.com.


 

Kotak mahindra life insurance- Company Facts and Figures

  
              STARTED YEAR2001
PAID UP CAPITALRs 1994.88 Crores
INDIAN PARTNERKotak Mahindra Group ( 76%)
FOREIGN PARTNEROld Mutual (26%)
MD/CEO NAMEMr. G Murlidhar
BANCASSURANCE PARTNERSKotak Mahindra Bank
SOLVENCY RATIO 3.02 Times
NUMBER OF BRANCHES250+HEAD OFFICEMumbai
TOTAL PREMIUM COLLECTED2011-122012-132013-14
2937.432777.782700.79
CLAIMS SETTLEMENT RATIO2011-122012-132013-14
92.10%92.04%90.67%
KEY PLANSCHILDKotak Headstart Child Assure Plan
TERMKotak Preferred e-Term Plan
PENSIONKotak Premier Pension Plan
ULIPKotak Single Invest Advantage
TOLL FREE NUMBER1800 209 8800
EMAIL IDclientservicedesk@kotak.com
WEBSITE ADDRESSINDIAN PARTNERhttp://www.kotak.com
FOREIGN PARTNERhttps://www.oldmutual.com
COMPANY  WEBSITEhttps://www.insurance.kotak.com
 

Disclaimer:

In the above table, we had updated the details from the IRDA Annual report 2013-14, 2012-13 and 2011-12. Some details are captured from http://www.insurance.kotak.com/ The accuracy of the above table content depends on these given sources. This information published is of informative nature and does not guarantee anything about the companies performance or claim records.

The main aim of this post is to simplify the details about Kotak Mahindra Life insurance. All these information in this post can be seen in http://www.insurance.kotak.com/ and IRDA website.

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